NOT LISTED FOR SALE

516 River Pointe Milan, MI 48160

Estimated Value: $234,000 - $243,000

3 Beds
2 Baths
2,256 Sq Ft
$225/mo HOA Fee

Last Sold August 19, 2025

Last sale price $235,000 $104 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,808/month

27 Days on Market

Highlights

  • Sauna
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Bar Fridge
  • Patio
  • 4-minute walk to Nature Park

About This Home

As of August 2025

Super unique condo with loads of amenities! Previous owner had it built with lots of extras. All appliances are top of the line Kitchen aid. Solid surface counters with an additional sink for a wet bar or food prep. Wine fridge! Breakfast bar and formal dining area. High end track lighting with dimmers in each room. OnDemand hot water heater. Stackable washer dryer. Upper main bath has heated towel bars, bidet toilet with heated seat, custom built steam shower and large jacuzzi style tub and new skylight. This bathroom is amazing! 3 bedrooms with great closets. One bedroom has built in bookshelf and desk. The largest one has a window seat overlooking the rear yard. The garage was an insulated music room by the previous owner with a mini split unit for heating and cooling and lots of special lighting and electrical goodies for the music pro. Carpet flooring. Garage door is still intact if you want to remove the drywall. So many extras you will want to see for yourself. Occupancy at close.

Last Agent to Sell the Property

Jeanee Gilson

Michigan Living Real Estate License #LCAR-6502414187 Listed on: 07/18/2025

Last Buyer's Agent

Talia Anderson

Coldwell Banker Realty Ann Arbor License #AAABOR-6501458125

Coldwell Banker Realty Ann Arbor

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1989

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Bi-Level Home
  • Poured Concrete
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • Bar Fridge
  • Window Treatments
  • Sauna
  • Carpet

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Off-Street Parking

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Softener is Owned

Community Details

  • Association fees include ground maintenance, snow removal, maintenance structure
  • River Pointe Condos Subdivision

Listing and Financial Details

  • Assessor Parcel Number 19-19-34-410-025

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,835

Year Built

Built in 1989

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Condominium
  • Architecture Style: Conventional Frame
  • Structure Style: Bi-Level
  • Total Tax Amount: 4834.99
  • Total Tax Year: 2024
  • Year Built: 1989
  • Mail City: Milan
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Window Treatment(s), Spa/Sauna
  • Appliances: Bar-Refrigerator, Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Water Softener - Owned
  • Basement: Yes
  • Basement: Egress/Daylight Windows, Finished, Full, Walk Out, Poured
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 11 x 16
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Upper Floor, Dimensions: 12 x 12
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On Upper Floor, Dimensions: 14 x 12
  • Bedroom 3 Floor Covering: Carpet
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 8 x 9, On Level: Lower, Flooring: Vinyl
  • Bathroom 2: Dimensions: 9 x 14, On Level: Upper, Flooring: Ceramic
  • Dining Room: On Lower Floor, Dimensions: 14 x 11
  • Dining Room Floor Covering: Carpet
  • Kitchen: On Lower Floor, Dimensions: 14 x 11
  • Kitchen Floor Covering: Slate
  • Living Room: On Lower Floor, Dimensions: 12 x 12
  • Living Room Floor Covering: Carpet
  • Below Grade Sq Ft: 806
  • Finished Below Grade Sq Ft: 806
  • Above Grade Finished Sq Ft: 1450
  • Total Finished Sq Ft: 2256

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Patio, Sidewalks
  • Foundation: Basement

Garage/Parking

  • Garage: Attached Garage, Electric in Garage, Heated Garage, Off Street
  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Cooling: Central A/C

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Snow Removal, Maintenance Structure
  • HOA Fees: 225
  • HOA Fee Frequency: Monthly
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 19-19-34-410-025
  • Geo Subdivision: MI
  • Site/Lot Features: Subdivision, Sidewalks

Tax Info

  • Summer Tax: Year: 2025, Amount: $4,074.18
  • Winter Tax: Year: 2024, Amount: $760.81
  • Total Tax: Year: 2024, Amount: $4,834.99

MLS Schools

  • School District: Milan Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2025
Closed on
Aug 19, 2025
Sold by
Moore Michael A
Bought by
Beers Gregory
Seller's Agent
Jeanee Gilson
Michigan Living Real Estate
Buyer's Agent
Talia Anderson
Coldwell Banker Realty Ann Arbor
List Price
$242,500
Sold Price
$235,000
Premium/Discount to List
-$7,500
-3.09%
Views
33
Current Estimated Value
$237,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,984
Avg. Annual Appreciation
3.47%
Original Mortgage
$227,950
Outstanding Balance
$227,753
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$10,231

Purchase Details

Listed on
Oct 16, 2022
Closed on
Dec 5, 2022
Sold by
Houghten Richard
Bought by
Moore Michael A
Seller's Agent
Jodie Franklin
Jodie Franklin Realty LLC
List Price
$200,000
Sold Price
$190,000
Premium/Discount to List
-$10,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Beers Gregory $235,000 First American Title
Moore Michael A $190,000 Liberty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beers Gregory $227,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2025 08/19/25 Sold $235,000 -3.1% $104 / Sq Ft
08/14/2025 08/14/25 Pending -- -- --
07/18/2025 07/18/25 For Sale $242,500 +27.6% $107 / Sq Ft
12/06/2022 12/06/22 Sold $190,000 -5.0% $131 / Sq Ft View Prior Sale
12/05/2022 12/05/22 Pending -- -- --
10/16/2022 10/16/22 For Sale $200,000 -- $138 / Sq Ft
Source: Michigan Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,074 $98,800 $0 $0
2024 $3,910 $95,100 $0 $0
2023 $3,737 $86,300 $0 $0
2022 $2,813 $80,400 $0 $0
2021 $2,745 $77,400 $0 $0
2020 $2,737 $77,100 $0 $0
2019 $2,672 $69,200 $69,200 $0
2018 $2,733 $61,500 $0 $0
2017 $2,635 $59,700 $0 $0
2016 $2,198 $48,914 $0 $0
2015 -- $48,768 $0 $0
2014 -- $50,585 $0 $0
2013 -- $50,585 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50182215

Michigan Multiple Listing Service

APN: 19-34-410-025